Gandhinagar
The GIFT City real estate market is witnessing significant growth, characterized by a notable 11.92% increase in average apartment rates over the recent period. This upward trend is supported by robust demand for both residential and commercial assets, creating a premium environment for stakeholders. Rental demand remains steady, particularly for 2 BHK configurations, which continue to attract consistent interest from the professional workforce residing within the zone.
The current average asking price in GIFT City is ₹10,200 per sq ft as of June 2026. This figure reflects a significant appreciation of 11.92% compared to the previous period, signaling strong market demand and investor confidence in this emerging financial hub.
Property prices in GIFT City have shown a clear upward trajectory, moving from ₹9,200 per sq ft in September 2025 to ₹9,150 per sq ft in December 2025, and reaching ₹10,200 per sq ft by March 2026. This consistent growth indicates a resilient market environment that has attracted sustained interest from both end-users and investors looking for long-term value.
GIFT City commands a premium average asking price of ₹10,200 per sq ft compared to surrounding areas in Gandhinagar. For instance, neighbourhoods like Raysan (₹4,650 per sq ft), Kudasan (₹4,700 per sq ft), and Sargasan (₹4,600 per sq ft) offer more accessible entry points, while Randesan and Koba are priced at ₹4,350 per sq ft. The higher valuation in GIFT City is largely attributed to its status as a planned smart city and international financial services centre.
As of June 2026, apartments in GIFT City are priced at an average of ₹10,200 per sq ft, having appreciated by 11.92% over the observed period. In contrast, office spaces are currently available at an average of ₹8,550 per sq ft, with prices remaining stable at 0% change, reflecting a balanced supply-demand dynamic for commercial assets in the area.
Rental rates in the nearby locality of Sargasan are currently averaging ₹50 per sq ft, a rate that has remained stable with 0% change over the observed period. While GIFT City focuses on premium residential and commercial integration, neighbouring areas like Sargasan provide alternative rental inventory for those seeking different price points within the Gandhinagar region.
Investors should view the 11.92% appreciation in GIFT City apartment prices from the previous period to June 2026 as a sign of robust capital growth potential. The shift from ₹9,150 per sq ft in December 2025 to the current ₹10,200 per sq ft indicates that the area is experiencing rapid development and increasing desirability, which typically supports long-term asset value appreciation.
Among the surrounding areas, Randesan has seen a notable appreciation of 6.45%, bringing its average price to ₹4,350 per sq ft, while Kudasan has appreciated by 5.92% to reach ₹4,700 per sq ft as of June 2026. Conversely, Koba has experienced a depreciation of 5.86% during the same timeframe, with prices currently at ₹4,350 per sq ft, suggesting a market correction or a shift in local supply dynamics.
